Hines plans new 40-storey Denver office tower

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Hines has revealed plans for a new 40-storey office tower in Denver, located at 1144 Fifteenth, between Arapahoe and Lawrence Streets.

The property will be the first office building of this height built in nearly three decades, and once completed will be one of the tallest office buildings in Denver.

The 640,000-square-foot, Class A office building will offer tenants an irreplaceable location immediately adjacent to the Four Seasons hotel and condominiums, just one block away from Larimer Square, the heart of Denver's amenity-rich LoDo area featuring shops, chef-driven restaurants and nightlife.

Construction on the building will commence in May 2015 and will be complete in December 2017. Peter Schippits with JLL has been selected as the lead broker for the project.

Designed by the architectural firm Pickard Chilton of New Haven, Connecticut, the structure will feature 25,000-square-foot, highly efficient floor plates, 10-foot ceilings on typical floors, floor-to-ceiling glass and the best parking ratio of any high-rise Class A office building downtown.

"We are very excited about introducing this new icon to the Denver skyline. 1144 Fifteenth will set a new standard for Denver's high-rise office space and enhance our city's urban experience. It has been nearly three decades since Denver has received an office tower of this size and scale. We strongly believe that the quality and location of this building will be appealing to a wide range of tenants and ultimately, once finished, we feel this will be the premier asset in all of the Rocky Mountain west," says Hines managing director Jay Despard.